Is it Time for Regulatory Reform at EPA?
Scott Pruitt, the Attorney General of Oklahoma, has been nominated by President Trump to serve as the next Administrator of the Environmental Protection Agency.  He has been characterized as both anti-science and anti-environment, but the full story is a bit more complicated.  Lucian Pugliaresi, in a recent opinion piece for “The Hill,” outlines some of the reforms needed at EPA and why Pruitt might just be the right man for the job.  A link to the op ed can be found here.


Auto Fuel Economy Standards: How Should We Proceed?

Lucian Pugliaresi, President of EPRINC, has asked the regulatory agencies for more time to undertake research on the recently released (by the US Environmental Protection Agency) draft Technical Assessment Report (TAR) evaluating so-called Corporate Average Fuel Economy (CAFE) and greenhouse gas emission standards for new automobiles.  A copy of EPRINC’s request can be found here. A copy of EPA’s draft TAR can be found here.



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Right Music, Wrong Key

In economics, there are plenty of dilemmas and challenging questions. As analysts, we are fortunate that oil markets present most of them. Nevertheless, understanding why prices move up or down is essential if we are to evaluate government policy. Clearly, prices move as buyers and sellers respond to signals. But this is only a part of the story. Analysts have been missing and misreading fundamental signals in both the oil and global economic markets.